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Introduction -- Sustainable Public Debt: Theory and Empirical Evidence -- Debt and Growth: A Basic Endogenous Growth … time series analyses on debt sustainability and with panel studies dealing with the relationship between public debt and …
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primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from … implemented to gain further evidence on sustainability of public debt. In order to allow for time varying coefficients penalized … surplus rises as public debt increases so that sustainability of public debt is given. Implications of public deficits and …
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